Is 29687, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29687 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29687 was a Buyer's Market.

Key Takeaway

29687 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29687, SC

How much do homes in 29687, SC cost?

Median Sold Price

$325,950

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,200(+7.0%)

Key Takeaway

Homes in 29687 have sold for 7% more than they did a year ago.

Summary: The median home sold price in 29687 was $325,950 in March 2024, up 7% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $205K$210K
+2.4%
3 $285K$300K
+5.3%
4 $357.5K$405K
+13.3%
5+ $466.5K$485K
+4.0%

Summary: 29687 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Zip Codes

29609
+10.6%
29615
+8.7%
29687
+7.0%
29650
+4.6%
29651
+3.1%

Housing Supply in 29687, SC

How many homes are available in 29687, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
155180+16.1%

Summary: The 29687 real estate market had 180 homes for sale in March 2024, a 16.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 93109
+17.2%
4 4856
+16.7%
5+ 810
+25.0%

Summary: The 29687 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3640+11.1%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29687, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 29687 in March 2024, up by 11.1% month-over-month. Of the 39 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.

Days on Market for 29687, SC

How long does it take to sell a home in 29687, SC?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29687 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 40 homes were sold in 29687; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in 29687, SC

Nearby Markets to 29687, SC